TECHNOCON
ActiveSummary
TECHNOCON has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €509,791 and a net result of €51,919. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 1938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+8
Solvency87▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.15 in 2023; short-term debt: 38.1% and cash: 12% of total assets), and 38.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
8 d late
2022
31 d early
2021
31 d early
2020
74 d early
2019
87 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?C2F1 · 46 companies How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€509,791▲ 11.3%
2023 · €457,872
Total assets
€823,912▼ 1.7%
2023 · €838,260
Net result
€51,919▲ 1,596%
2023 · €3,062
Working capital
€496,744▲ 13.6%
2023 · €437,371
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€619,516▲ 3.9%€331,631▼ 46.5%€306,843▼ 7.5%€9,671▼ 96.8%€76,652▲ 693%
Net result€608,099▲ 19.1%€320,116▼ 47.4%€220,989▼ 31.0%€3,062▼ 98.6%€51,919▲ 1,596%
Equity€443,706▲ 4.3%€453,822▲ 2.3%€454,810▲ 0.2%€457,872▲ 0.7%€509,791▲ 11.3%
Total assets€1.3m▲ 70.1%€943,368▼ 25.7%€929,756▼ 1.4%€838,260▼ 9.8%€823,912▼ 1.7%
Debt€826,043▲ 157%€489,546▼ 40.7%€474,945▼ 3.0%€380,388▼ 19.9%€314,121▼ 17.4%
Working capital€424,852▲ 2.9%€436,460▲ 2.7%€424,218▼ 2.8%€437,371▲ 3.1%€496,744▲ 13.6%
Staff (FTE)12.9▲ 4.9%13.9▲ 7.8%11.5▼ 17.3%10.9▼ 5.2%12.3▲ 12.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2023 Net result -99% on 2022. Cause not known from the registers.
- 2020 Total assets +70% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 693% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €823,912
Fixed assets
€13,048 ▼ 36.4%
Current assets
€810,864 ▼ 0.8%
Equity and liabilities €823,912
Equity
€509,791 ▲ 11.3%
Debt
€314,121 ▼ 17.4%
Debt's share of the balance-sheet total falls from 45.4% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84,105▲
2023 · €21,785
Cash flow
€59,373▲
2023 · €15,177
Current ratio
2.58▲
2023 · 2.15
Debt to equity
0.62▼
2023 · 0.83
ROE
10.2%▲
2023 · 0.7%
ROA
6.3%▲
2023 · 0.4%
Interest coverage
32.77▼
2023 · 97.15
Debt ≤ 1 year
€314,121▼
2023 · €380,388
Income taxes
€29,625▲
2023 · €7,487
Staff costs
€941,854▲
2023 · €787,834
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €827,910 | €782,729 | €787,834 | €941,854 | ▲ 19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,573 | €10,936 | €13,178 | €12,115 | €7,453 | ▼ 38.5% |
| Other operating charges640/8 | - | €2,634 | €2,146 | €2,591 | €1,886 | ▼ 27.2% |
| Gross operating margin9900 | €1.4m | €1.2m | €1.1m | €812,210 | €1.0m | ▲ 26.5% |
| Operating profit (loss)9901 | €619,516 | €331,631 | €306,843 | €9,671 | €76,652 | ▲ 693% |
| Financial income75/76B | - | €0 | €515 | €1,102 | €7,459 | ▲ 577% |
| Recurring financial income75 | €0 | €0 | €515 | €1,102 | €7,459 | ▲ 577% |
| Financial charges65/66B | - | €1,323 | €1,269 | €224 | €2,566 | ▲ 1,044% |
| Recurring financial charges65 | €184 | €1,323 | €1,269 | €224 | €2,566 | ▲ 1,044% |
| Profit (loss) for the period before taxes9903 | €619,332 | €330,308 | €306,090 | €10,548 | €81,544 | ▲ 673% |
| Income taxes67/77 | €11,233 | €10,192 | €85,101 | €7,487 | €29,625 | ▲ 296% |
| Profit (loss) for the period9904 | €608,099 | €320,116 | €220,989 | €3,062 | €51,919 | ▲ 1,596% |
| Profit (loss) for the period to be appropriated9905 | €608,099 | €320,116 | €220,989 | €3,062 | €51,919 | ▲ 1,596% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €943,368 | €929,756 | €838,260 | €823,912 | ▼ 1.7% |
| Fixed assets21/28 | €18,854 | €17,361 | €30,592 | €20,501 | €13,048 | ▼ 36.4% |
| Intangible fixed assets21 | - | €4,060 | €2,397 | €734 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €18,854 | €13,301 | €28,195 | €19,767 | €13,048 | ▼ 34.0% |
| Plant, machinery and equipment23 | - | €13,161 | €26,583 | €18,535 | €12,196 | ▼ 34.2% |
| Furniture and vehicles24 | - | €140 | €1,612 | €1,232 | €852 | ▼ 30.9% |
| Current assets29/58 | €1.3m | €926,006 | €899,163 | €817,759 | €810,864 | ▼ 0.8% |
| Amounts receivable within one year40/41 | €633,365 | €353,901 | €480,181 | €334,453 | €710,044 | ▲ 112% |
| Trade receivables40 | - | €351,072 | €476,904 | €279,745 | €581,848 | ▲ 108% |
| Other amounts receivable41 | - | €2,829 | €3,277 | €54,708 | €128,195 | ▲ 134% |
| Cash at bank and in hand54/58 | €586,652 | €554,211 | €410,481 | €476,135 | €99,140 | ▼ 79.2% |
| Deferred charges and accrued income490/1 | - | €17,894 | €8,501 | €7,171 | €1,681 | ▼ 76.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €943,368 | €929,756 | €838,260 | €823,912 | ▼ 1.7% |
| Equity10/15 | €443,706 | €453,822 | €454,810 | €457,872 | €509,791 | ▲ 11.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | - | - | - |
| Other1109/19 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €424,132 | €435,132 | €435,132 | €439,132 | €490,272 | ▲ 11.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €16,572 | €16,572 | €16,572 | €16,572 | = |
| Distributable reserves133 | - | €416,700 | €416,700 | €422,560 | €473,700 | ▲ 12.1% |
| Profit (loss) carried forward14 | €973 | €89 | €1,078 | €140 | €919 | ▲ 558% |
| Amounts payable17/49 | €826,043 | €489,546 | €474,945 | €380,388 | €314,121 | ▼ 17.4% |
| Amounts payable within one year42/48 | €826,043 | €489,546 | €474,945 | €380,388 | €314,121 | ▼ 17.4% |
| Trade debts44 | €130,908 | €72,851 | €80,688 | €65,965 | €126,160 | ▲ 91.3% |
| Suppliers440/4 | - | €72,851 | €80,688 | €65,965 | €126,160 | ▲ 91.3% |
| Taxes, remuneration and social security45 | - | €106,694 | €174,257 | €94,423 | €187,961 | ▲ 99.1% |
| Taxes450/3 | - | €24,340 | €100,002 | €4,203 | €80,241 | ▲ 1,809% |
| Remuneration and social security454/9 | - | €82,354 | €74,255 | €90,220 | €107,720 | ▲ 19.4% |
| Other amounts payable47/48 | - | €310,000 | €220,000 | €220,000 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €608,099 | €320,116 | €220,989 | €3,062 | €51,919 | ▲ 1,596% |
| + Depreciation and write-downs630 | €6,573 | €10,936 | €13,178 | €12,115 | €7,453 | ▼ 38.5% |
| Operating cash flow (approximation) | €614,672 | €331,053 | €234,166 | €15,177 | €59,373 | ▲ 291% |
| Investment in fixed assets (approximation) | - | -€9,444 | -€26,409 | -€2,024 | €0 | ▲ 100% |
| Change in cash | - | -€32,441 | -€143,730 | €65,654 | -€376,995 | ▼ 674% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-03
State Gazette act
Resignation: RE:Build (director)Appointment: PG Consulting (director) · Permanent representative: Philip Goris · Mandate compensation6 facts ▸
State Gazette act
Resignation: RE:Build (director)
Appointment: PG Consulting (director) · Permanent representative: Philip Goris · Mandate compensation6 facts ▸
- General meeting, 11/02/2026
- Director resignation, RE:Build (director)
- Director appointment, PG Consulting (director)
- Permanent representative, Philip Goris
- Mandate compensation, PG Consulting
- Power of attorney, Arianne Vervliet
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500,000Eq €509,791 ▲11.3%
7 profitable years in a row build equity to €509,791.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial
Weakest financial yearnet €3,062 ▼98.6%
Net result drops to €3,062, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €608,099 ▲19.1%
Operating result €619,516, net result €608,099, both a record.
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
PG CONSULTING
CurrentDirector · since 11-02-2026 · Private limited company · perm. rep.: Philip Goris
Permanent representatives 1
Philip Goris
CurrentPermanent representative · since 11-02-2026 · for PG CONSULTING
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 1995
Ground area
2,333 m²
Building footprint
1,332 m²
Volume, LiDAR
926 m³
Parcel 44503H0087/00R000, Flanders · tallest building 5.0 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TECHNOCON
since 19952.074.467.833
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0087/00R000 | Flanders | 2,333 m² | 1 · 1,332 m² | 5.0 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PG CONSULTING |
|
| RE:build |
|
Structure & network
Part of the group
C2F1
46 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- C2F1
- CORDEEL GROUP
- TECHNOCON
Highest known parent: C2F1. The sources do not say who stands above it.
Owners 1
- CORDEEL GROUPparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
MATEXI PROJECTS
Shared corporate director
→
OFF SITE BELGIUM
Shared corporate director
→
Similar companies · same sector, comparable size
SKALE
BE 0441.877.263
Middelkerke · Eq €509,738
Dekimo Louvain-la-Neuve
BE 0807.323.575
Ottignies-Louvain-la-Neuve · Eq €510,078
Lesire Real Estate
BE 0660.638.789
Herent · Eq €509,330
EnergyCare
BE 0845.705.584
Hasselt · Eq €510,576
IRS STUDIEBUREAU
BE 0448.846.615
Kortenberg · Eq €510,697
Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,389 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456745977
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.